Terry Ritchie, a registered financial planner and cross-border tax and estate specialist, explains the impact of U.S. Passive Foreign Investment Company tax rules on U.S. citizens resident in Canada who hold Canadian mutual funds or ETFs. He spoke with Rudy Mezzetta, reporter with Investment Executive, athe TMX Broadcast Centre in Toronto.
Plus, RBC announces expected maturity date for four ETFs; multiple fund changes announced
The associations hope to spark further dialogue among dealers, asset managers around alts
Plus, new funds from Brompton, Starlight Capital, Timbercreek; several fund changes announced
ETFs, mutual funds both recorded net sales of more than $9B
Trump is going ahead with previously announced 25% tariffs on automobile imports
Australian PM was harshly critical: "This is not the act of a friend"
Rep lost money alongside clients in unapproved outside investment
Also, Singapore firm releases new underwriting platform
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